NanoFlex Limited are pleased to announce that it has secured investment funding from NPIF – Maven Equity Finance, part of the Northern Powerhouse Investment Fund (NPIF).
The fund is delivered by MSIF working with Maven Capital Partners in the Liverpool City Region.
NanoFlex will use the funding to explore new business opportunities for the technology to develop a pipeline of products.
Neville Freeman, NanoFlex CEO, said:
“We have integrated our enabling technology into customer’s products for the healthcare market. We expect the first manufactured products to reach the market Q1/Q2 2018. We are very excited to receive this funding as it will enable us to accelerate the roll out of our technology and we expect to see more devices featuring NanoFlex innovation in the near future.”
Andy Round, MSIF Investment Director, who delivered the investment on behalf of Maven Capital Partners, said:
“We are delighted to be able to support NanoFlex and allow them to continue working on further developing their diagnostic sensor technology.
“The technology they are working on could have a massive impact on our health sector, so I’m excited to see what Neville and the team design in the near future.”